DLC Edge Financial launches reverse mortgage guide

Dominion Lending Centres Edge Financial is now offering its new free-to-access online guide to help home owners navigate the process of getting a reverse mortgage.

“The reason I created this guide is so that you can get the information and data that you need to make an objective, informed, and educated choice about reverse mortgages,” DLC Edge Financial mortgage agent and chartered accountant Michael Sneddon stated.

The guide also “immediately addresses myths about reverse mortgages, frequently asked questions, and many other points of interest.”

In a March 21 news release, the network noted that the guide specifically goes around the various barriers preventing more Canadians from getting reverse mortgages.

“It can seem like a very daunting task at first since some people aren’t even sure what it entails. The complexity of the situation frightens many homeowners who haven’t properly considered the situation,” DLC Edge Financial said, adding that the guide will “help bridge the gap between the banks, the lenders, and the people who need the idea explained to them in realistic terms that everyday people can understand.”

Related stories:
DLC on how to manage mortgages during divorce proceedings
DLC: New rules to drive clients to broker space

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